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Government crackdown on phoenix companies

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  1. its the same ‘nackers britain’ as the asset-stripping days of the 1970’s.
    or to quote the wartime black marketeers – sardines are for selling not eating,

    it might be of use to ‘mark’ the shysters’ credit rating.
    if their credit record were publicly ‘marked’ then the threat of negligence proceedings would discourage banks and equity financiers from backing them further.
    the shysters avoid taking risk with their own money so to dump their cost onto their backers would be interesting.
    note that they do seem to have little difficulty finding backers.

  2. It happens at small-scale too. I got freelance work with a QS firm and was owed thousands but the firm didn’t pay a bean, on account that they were going through liquidation at the same time without telling me. All the permanent staff were informed without any notice, and had to claim from the government. The sole Director was MRICS, so I complained to them. Did they give a monkeys?

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